Common use of End of Term Options Clause in Contracts

End of Term Options. At least 270 days before the scheduled expiration date of the Lease Term, Lessee shall, by delivery of written notice to Lessor and the Agent, exercise one of the following options: (a) Renew this Lease (together with each Lease Supplement) with respect to all, but not less than all, of the Premises for five (5) additional one-year Lease Renewal Terms (the "Renewal Option") on the terms and conditions set forth herein and in the other Operative Documents; provided, however, such Renewal Option shall be available at the end of the Base Term only if the conditions to the Extension Option set forth in Section 2.14 of the Participation Agreement are satisfied; and provided further, that the Renewal Option shall not be available during the fifth Renewal Term; or (b) Purchase for cash for the Purchase Amount all, but not less than all, of the Premises then subject to this Lease on the last day of the Lease Term (the "Purchase Option"); and if Lessee shall have elected the Purchase Option, Lessor shall, upon the payment to Lessor of the Purchase Amount, transfer all of Lessor's right, title and interest in and to the Premises pursuant to Section 23.16; or (c) Sell on behalf of Lessor for cash to a single purchaser not in any way affiliated with Lessee or any of its Affiliates all, but not less than all, of the Premises then subject to this Lease on the last day of the Lease Term (the "Sale Option"). Lessee's right to sell the Premises pursuant to the Sale Option shall be conditioned upon and subject to (i) the fulfillment by Lessee of each of the terms and conditions set forth in Article XXII and (ii) there not being at the time of such election any existing Third Party Subleases. Lessee shall not enter into any additional subleases or renew any subleases with respect to the Premises following Lessee's election of the Sale Option. Following Lessee's election of the Sale Option, Lessee shall not remove any Alterations.

End of Term Options. At Nor more than one hundred eighty (180) days and at least 270 one hundred twenty (120) days before the scheduled expiration date Expiration Date of the Lease Term, Lessee shall, by delivery of written notice to Lessor and the Administrative Agent, exercise one of the following options: (a) Renew Request to renew this Lease (together with each Lease Supplement) with respect to all, but not less than all, of the Premises Leased Property for five (5) an additional onefive-year Lease Renewal Terms Term (the "“Renewal Option"”) on the terms and conditions set forth herein and in the other Operative Documents; provided, however, such that the Renewal Option shall be available at the end of the Base Term only if the conditions to the Extension Renewal Option set forth herein and in Section 2.14 4.7 of the Participation Transaction Agreement are satisfied; and provided further, that the Renewal Option shall not be available during the fifth Renewal Term; or. (b) Purchase for cash for an amount in immediately available funds equal to the Purchase Amount all, but not less than all, of the Premises then subject to this Lease Leased Property on the last day of the Lease Term (the "“Purchase Option"”); and if Lessee shall have elected to purchase the Purchase OptionLeased Property, (1) Lessee may (A) assign its right to purchase the Leased Property hereunder to a third party, in which case such third party shall consummate the purchase of the Leased Property on or before the last day of the Term, provided that if such third party fails to consummate the purchase of the Leased Property on or before the last day of the Term, Lessee shall consummate the purchase of the Leased Property on the last day of the Term or (B) designate a third party to acquire title to the Leased Property, without assigning Lessee’s rights to purchase the Leased Property hereunder and (2) Lessor shall, upon the payment to Lessor Administrative Agent of the Purchase AmountAmount then due and payable by Lessee under the Operative Documents, transfer all of Lessor's ’s right, title and interest in and to the Premises Leased Property pursuant to Section 23.1621.1; or (c) Sell on behalf of Lessor for cash to a single purchaser not in any way affiliated with Parent Guarantor, Lessee or any of its their respective Affiliates all, but not less than all, of the Premises then subject to this Lease Leased Property on the last day of the Lease Term (the "“Sale Option"”). Lessee's ’s right to sell the Premises Leased Property pursuant to the Sale Option shall be conditioned upon and subject to (i) the fulfillment by Lessee of each of the terms and conditions set forth in Article XXII and (ii) there not being at XX. In addition, all subleases with respect to the time Leased Property shall have been terminated prior to Xxxxxx’s receipt of such Xxxxxx’s election any existing Third Party Subleasesof the Sale Option. Lessee shall not enter into any additional subleases or renew any subleases with respect to the Premises Leased Property following Lessee's Xxxxxx’s election of the Sale Option. Following Lessee's Xxxxxx’s election of the Sale Option, Lessee shall not remove any AlterationsModifications or commence any voluntary Modifications under Section 10.1(a)(ii) without the consent of the Required Participants.

End of Term Options. At least 270 one hundred eighty (180) days but not more than two hundred seventy (270) days before the scheduled expiration date Expiration Date of the Lease Term, Lessee shall, by delivery of written notice to Lessor and the Administrative Agent, exercise one of the following options: (a) Renew Request to renew this Lease (together with each Lease Supplement) with respect to all, but not less than all, of the Premises Leased Property for five (5) an additional onefive-year Lease Renewal Terms Term (the "each a “Renewal Option"”) on the terms and conditions set forth herein and in the other Operative Documents; provided, however, that such Renewal Option shall be available at the end of the Base Term (or the Base Term as previously so renewed) only if the conditions to the Extension Renewal Option set forth herein and in Section 2.14 4.7 of the Participation Agreement are satisfied; and provided provided, further, that the 3/6/19, 9:29 AMExhibit Renewal Option shall not be available during the fifth exercisable for a total of more than one (1) Lease Renewal Term; or. (b) Purchase for cash for an amount in immediately available funds equal to the Purchase Amount all, but not less than all, of the Premises then subject to this Lease Leased Property on the last day of the Lease Term (the "“Purchase Option"”); and if Lessee shall have elected to purchase the Purchase OptionLeased Property, (1) Lessee may (A) assign its right to purchase the Leased Property hereunder to a third party, in which case such third party shall consummate the purchase of the Leased Property on or before the last day of the Term, provided that if such third party fails to consummate the purchase of the Leased Property on or before the last day of the Term, Lessee shall consummate the purchase of the Leased Property on the last day of the Term or (B) designate a third party to acquire title to the Leased Property, without assigning Xxxxxx’s rights to purchase the Leased Property hereunder and (2) Lessor shall, upon the payment to Lessor the Administrative Agent (or if the Rent Assignment Interests are no longer outstanding, Lessor) of the Purchase AmountAmount then due and payable by Lessee under the Operative Documents, transfer all of Lessor's ’s right, title and interest in and to the Premises Leased Property pursuant to Section 23.1621.1; or (c) Sell on behalf of Lessor for cash to a single purchaser not in any way affiliated with Lessee or any of its Affiliates all, but not less than all, of the Premises then subject to this Lease on the last day of the Lease Term (the "Sale Option"). Lessee's right to sell the Premises pursuant to the Sale Option shall be conditioned upon and subject to (i) the fulfillment by Lessee of each of the terms and conditions set forth in Article XXII and (ii) there not being at the time of such election any existing Third Party Subleases. Lessee shall not enter into any additional subleases or renew any subleases with respect to the Premises following Lessee's election of the Sale Option. Following Lessee's election of the Sale Option, Lessee shall not remove any Alterations.

End of Term Options. At least 270 Before the Expiration Date, Lessee shall, by delivery of written notice to Lessor and Administrative Agent (given in accordance with clause (a) or (b) below), exercise the option provided in paragraph (a)(i) or (a)(ii) or the option provided in paragraph (b): (a) No later than 180 days before nor more than 365 days prior to the scheduled expiration date Expiration Date of the Lease Term, Lessee shall, by delivery of written notice to Lessor and the Administrative Agent, exercise one of the following two options: (ai) Renew Commit to renew this Lease (together with each Lease Supplement) with respect to all, but not less than all, of the Premises Leased Property for five (5) an additional one-year Lease Renewal Terms Term of one to four years (the "Renewal OptionRENEWAL OPTION") on the terms and conditions set forth herein and in the other Operative Documents; providedPROVIDED, howeverHOWEVER, that such Renewal Option shall be available at the end of the Base Term (or the Base Term as previously so renewed) only if the conditions to the Extension Option set forth in Section 2.14 4.7 of the Participation Agreement are satisfied; and provided furtherPROVIDED, FURTHER, that the Renewal Option shall not be available during the fifth exercisable for a total of more than two (2) Lease Renewal TermTerms; or (bii) Purchase Commit to purchase for cash for the Purchase Amount all, but not less than all, of the Premises then subject to this Lease Leased Property on the last day of the Lease Term (the "Purchase OptionPURCHASE OPTION"); and if Lessee shall have elected to purchase the Purchase OptionLeased Property, Lessor shall, upon the payment to Lessor of the Purchase AmountAmount then due and payable by Lessee under the Operative Documents, transfer all of Lessor's right, title and interest in and to the Premises Leased Property pursuant to Section 23.1621.1; or (cb) Sell No later than 270 days nor more than 365 days prior to the Expiration Date of the Term, Lessee shall, by delivery of written notice to Lessor and the Administrative Agent, commit to sell on behalf of Lessor for cash to a single purchaser not in any way affiliated with Lessee or any of its Affiliates all, but not less than all, of the Premises then subject to this Lease Leased Property on the last day of the Lease Term (the "Sale OptionSALE OPTION"). Lessee's right to sell the Premises Leased Property pursuant to the Sale Option shall be conditioned upon and subject to (i) the fulfillment by Lessee of each of the terms and conditions set forth in Article XXII and (ii) there not being at the time of such election any existing Third Party Subleases. Lessee shall not enter into any additional subleases or renew any subleases with respect to the Premises following Lessee's election of the Sale Option. Following Lessee's election of the Sale Option, Lessee shall not remove any Alterations.Article

End of Term Options. At least 270 120 days before the scheduled expiration date of the Lease TermExpiration Date, Lessee shall, by delivery of written notice to Lessor and the Collateral Agent, exercise one of the following optionsoptions provided in paragraph (a) or (b) below: (a) Renew this Lease (together with each Lease Supplement) with respect Commit to all, but not less than all, of the Premises purchase for five (5) additional one-year Lease Renewal Terms (the "Renewal Option") on the terms and conditions set forth herein and an amount in the other Operative Documents; provided, however, such Renewal Option shall be immediately available at the end of the Base Term only if the conditions funds equal to the Extension Option set forth in Section 2.14 of the Participation Agreement are satisfied; and provided further, that the Renewal Option shall not be available during the fifth Renewal Term; or (b) Purchase for cash for the Purchase Amount all, but not less than all, of the Premises then subject to this Lease Subject Property on or before the last day of the Lease Term (the "“Purchase Option"”); and if Lessee shall have elected to purchase the Purchase OptionSubject Property, (1) Lessee may (A) assign its right to purchase the Subject Property hereunder to a third party, in which case such third party shall consummate the purchase of the Subject Property on or before the last day of the Term, provided that if such third party fails to consummate the purchase of the Subject Property on or before the last day of the Term, Lessee shall consummate the purchase of the Subject Property on the last day of the Term or (B) designate a third party to acquire title to the Subject Property, without assigning Lessee’s rights to purchase the Subject Property hereunder and (2) Lessor shall, upon the payment to Lessor of the Purchase AmountAmount then due and payable by Lessee under the Operative Documents, transfer all of Lessor's ’s right, title and interest in and to the Premises Subject Property (including, to the extent permitted thereby, the Related Agreements) to Lessee or such other party designated by Lessee pursuant to Section 23.1621.1; or (cb) Sell Commit to sell on behalf of Lessor in accordance with Article XX for cash to a single purchaser not in any way affiliated with Lessee or any of its Affiliates all, but not less than all, of the Premises then subject to this Lease Subject Property and the CSC Sublease on the last day of the Lease Term (the "“Sale Option"”). ; provided, however, that Lessee's ’s right to sell the Premises Subject Property and the CSC Sublease pursuant to the Sale Option shall be conditioned upon and subject to (i) the fulfillment by Lessee of each of the terms and conditions set forth in Article XXII XX. All subleases with respect to the Subject Property (other than those that constitute Related Agreements, any subleases entered into by the tenants under the Related Agreements in accordance with the terms thereof, and (iithe CSC Sublease in accordance with Section 6.1 to the extent that the CSC Sublease remains in effect with respect to one floor of the Facility) there not being at shall have been terminated prior to consummation of the time of such election any existing Third Party SubleasesSale Option. Lessee shall not enter into any additional subleases or renew any subleases with respect to the Premises Subject Property and the CSC Sublease following Lessee's ’s election of the Sale Option. Following Lessee's ’s election of the Sale Option, Lessee shall not remove any AlterationsModifications (other than Lessee Improvements) or commence any Modifications (other than Required Modifications) without the consent of the Required Participants.

End of Term Options. At least 270 days before Before the scheduled expiration date of the Lease TermExpiration Date, Lessee shall, by delivery of written notice to Lessor and Collateral Agent at least 120 days before the AgentExpiration Date, exercise one of the following options: (a) Renew this Lease (together with each Lease Supplement) with respect to all, but not less than all, of the Premises for five (5) additional one-year Lease Renewal Terms (the "Renewal Option") on the terms and conditions set forth herein and in the other Operative Documents; provided, however, such Renewal Option shall be available at the end of the Base Term only if the conditions to the Extension Option set forth in Section 2.14 of the Participation Agreement are satisfied; and provided further, that the Renewal Option shall not be available during the fifth Renewal Term; or (b) Purchase for cash for an amount in immediately available funds equal to the Purchase Amount all, but not less than all, of the Premises then subject to this Lease Subject Property on or before the last day of the Lease Term (the "“Purchase Option"”); and if Lessee shall have elected to purchase the Purchase OptionSubject Property, (1) Lessee may (A) assign its right to purchase the Subject Property hereunder to a third party, in which case such third party shall consummate the purchase of the Subject Property on or before the last day of the Term, provided that if such third party fails to consummate the purchase of the Subject Property on or before the last day of the Term, Lessee shall consummate the purchase of the Subject Property on the last day of the Term or (B) designate a third party to acquire title to the Subject Property, without assigning Lessee’s rights to purchase the Subject Property hereunder and (2) Lessor shall, upon the payment to Lessor of the Purchase AmountAmount then due and payable by Lessee under the Operative Documents, transfer all of Lessor's ’s right, title and interest in and to the Premises Subject Property (including, to the extent permitted thereby, the Related Agreements) to Lessee or such other party designated by Lessee pursuant to Section 23.1621.1; or (cb) Sell on behalf of Lessor for cash to a single purchaser not in any way affiliated with Lessee or any of its Affiliates all, but not less than all, of the Premises then subject to this Lease Subject Property on the last day of the Lease Term (the "“Sale Option"”). ; provided, however, that Lessee's ’s right to sell the Premises Subject Property pursuant to the Sale Option shall be conditioned upon and subject to (i) the fulfillment by Lessee of each of the terms and conditions set forth in Article XXII and XX. All subleases with respect to the Subject Property (iiother than those that constitute Related Agreements or any subleases entered into by the tenants under the Related Agreements in accordance with the terms thereof) there not being at shall have been terminated prior to consummation of the time of such election any existing Third Party SubleasesSale Option. Lessee shall not enter into any additional subleases or renew any subleases with respect to the Premises Subject Property following Lessee's ’s election of the Sale Option. Following Lessee's ’s election of the Sale Option, Lessee shall not remove any AlterationsModifications (other than Lessee Improvements) or commence any Modifications (other than Required Modifications) without the consent of the Required Participants.